Ag Growth International (AFN) – Investment Analysts’ Weekly Ratings Changes

Ag Growth International (TSE: AFN) recently received a number of ratings updates from brokerages and research firms:

• 1/30/2025 – Ag Growth International was downgraded by analysts at Royal Bank of Canada from an “outperform” rating to a “sector perform” rating. They now have a C$45.00 price target on the stock, down previously from C$75.00.
• 1/30/2025 – Ag Growth International had its price target lowered by analysts at National Bankshares, Inc. from C$67.00 to C$55.00. They now have an “outperform” rating on the stock.
• 1/30/2025 – Ag Growth International had its price target lowered by analysts at CIBC from C$61.00 to C$58.00.
• 1/23/2025 – Ag Growth International was downgraded by analysts at Royal Bank of Canada from a “moderate buy” rating to a “hold” rating.
• 1/14/2025 – Ag Growth International was downgraded by analysts at ATB Capital from an “outperform” rating to a “sector perform” rating. They now have a C$63.00 price target on the stock, down previously from C$79.00.
• 1/14/2025 – Ag Growth International was downgraded by analysts at Atb Cap Markets from a “strong-buy” rating to a “hold” rating.
• 1/14/2025 – Ag Growth International had its price target lowered by analysts at TD Securities from C$73.00 to C$57.00. They now have a “buy” rating on the stock.
• 1/14/2025 – Ag Growth International had its price target lowered by analysts at CIBC from C$72.00 to C$61.00.
• 1/14/2025 – Ag Growth International had its price target lowered by analysts at Raymond James from C$62.00 to C$52.00.
• 12/12/2024 – Ag Growth International had its price target raised by analysts at CIBC from C$70.00 to C$72.00. They now have an “outperform” rating on the stock.

Ag Growth International Trading Down 6.4 %

TSE AFN traded down C$2.53 during trading on Monday, hitting C$36.70. The company had a trading volume of 76,230 shares, compared to its average volume of 108,032. Ag Growth International Inc. has a one year low of C$36.31 and a one year high of C$64.51. The company has a market cap of C$699.87 million, a price-to-earnings ratio of 24.14, a price-to-earnings-growth ratio of 1.30 and a beta of 2.29. The company’s fifty day moving average is C$48.29 and its 200-day moving average is C$51.50. The company has a current ratio of 1.49, a quick ratio of 0.84 and a debt-to-equity ratio of 298.35.

Ag Growth International (TSE:AFN) last announced its quarterly earnings results on Tuesday, November 5th. The company reported C$1.26 EPS for the quarter, missing analysts’ consensus estimates of C$1.66 by C($0.40). Ag Growth International had a return on equity of 10.35% and a net margin of 2.13%. During the same quarter in the prior year, the business earned $1.62 earnings per share. On average, sell-side analysts predict that Ag Growth International Inc. will post 6.5761006 earnings per share for the current year.

Ag Growth International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 15th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.63%. The ex-dividend date of this dividend was Tuesday, December 31st. Ag Growth International’s payout ratio is 39.47%.

Ag Growth International Inc, together with its subsidiaries, manufactures and sells equipment for the agriculture industry in Canada, the United States, and internationally. It operates through Farm and Commercial segments. The company offers grain, bolted, hopper, and smooth wall bins; temporary storage; unloads and sweeps systems; water tanks; secondary containment systems; fuel tanks; and storage accessories, as well as mixed flow dryers; fans and heaters; aeration products; vents and exhausters; and stirring systems.